What is its cost of equity for a firm if the corporate tax rate is 40%? The firm has a debt-to-equity ratio of 1.5.If it had no debt,its cost of equity would be 16%.Its current cost of debt is 12%.
A)17.4%
B)18.4%
C)19.6%
D)21.4%
E)None of the above.

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The Answer of What is its cost of equity for a firm if the corporate tax rate is 40%? The firm has a debt-to-equity ratio of 1.5.If it had no debt,its cost of equity would be 16%.Its current cost of debt is 12%.
A)17.4%
B)18.4%
C)19.6%
D)21.4%
E)None of the above.

What Is Its Cost of Equity for a Firm If